7400 NE University Avenue, Fridley, MN 55432 - MLS #4105370
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7400 NE University Avenue
Fridley, MN 55432
Fridley, MN 55432
MLS #4105370
$300,000
Property Details
Solid, small office building-now fully leased. Elevator 2 years old, 2 newer A/C units, 3 furnaces, restroom on each floor, kitchenette on upper floor. 18 parking spaces. Main floor- 2 suites: appox. 600 ft & 1300 ft. Upper floor easily divided.
- Current Use Professional Service
- Foreclosure Status No
- Year Built 1984
- Sale Includes Building
- Total Number of Units 3
- Status Active
Community & Schools
- County Anoka
- Municipality Fridley
- Postal City Fridley (MN)
- School District 16 - Spring Lake Park
- School District Phone 763-786-5570
Interior Features
- Building Finished Square 3628
- Handicap Accessible Elevator/Lift
- Basement None
- Roof Pitched,Age Over 8 Years,Shakes
Exterior Features
- Exterior Wood,Brick/Stone
- Parking Characteristics Driveway - Asphalt,Unassigned
- Road Frontage City
- Lot Description Tree Coverage - Medium,City Bus (w/in 6 blks)
- Lot Dimensions E100*261*100*259
- Other Parking Spaces 18
Appliances & Utilites
- Air Conditioning Central
- Heating Forced Air
- Fuel Natural Gas
- Water City Water/Connected
- Number of Ranges None
- Number of Refrigerators None
- Sewer City Sewer/Connected
Financial Details
- Annual Caretaker Expense 3000
- Annual Electric Expense 3550
- Annual Fuel Expense 775
- Annual Insurance Expense 1368
- Annual Maintenance Expense 800
- Annual Repair Expense 200
- Annual Gross Expense 24756
- Total Annual Expenses 24756
- Annual Trash Expense 1093
- Annual Water/Sewer Expense 600
- Tenant Expenses Escalation,Cable T.V.
- Unit 1 Monthly Rent 772
- Annual Rent 1 9264
- Unit 2 Monthly Rent 1745
- Annual Rent 2 20940
- Unit 3 Monthly Rent 1484
- Annual Rent 3 17808
- Annual Net Income 21096
- Tax Amount 11646
- Tax With Assessments 12167
- Tax Year 2011
- Annual Gross Income 45732
Miscellaneous Details
- Foundation Size 2188
- Zoning Other
- Lender Owned No
- Potential Short Sale No
Map & Directions
University Ave. (HWY 47) to 73rd Ave, West to University service road, north; or south from Osborne.
Map for 7400 NE University Avenue, Fridley, MN 5543245.103313-93.264947
Map locations are not exact and are meant to be an estimated reference only.
In addition to this Commercial real estate property, we have hundreds of addtional Fridley real estate listings and homes for sale and Anoka County real estate listings and homes for sale.
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Copyright 2012 Regional Multiple Listing Service of Minnesota, Inc. All rights
reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than EXIT Realty Nexus are
marked with the Broker Reciprocity SM logo or the Broker Reciprocity SM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Copyright 2012 Regional Multiple Listing Service of Minnesota, Inc. All rights
reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than EXIT Realty Nexus are
marked with the Broker Reciprocity SM logo or the Broker Reciprocity SM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.Last Updated 05/21/2012
